sanitation@lemmy.todayBanned from community to Technology@lemmy.worldEnglish · 3 months ago

Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt

622

Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt

sanitation@lemmy.todayBanned from community to Technology@lemmy.worldEnglish · 3 months ago

Big Tech hides $1.65 trillion in AI debt off its balance sheets - more than its total reported debt - using legal structures regulators still allow.

Chat

Lost_My_Mind@lemmy.world
link
fedilink
English
arrow-up
21·
3 months ago
Oh, I won’t.

Mostly because I’m 42, and have no 401k, or pension.
- YellowParenti@lemmy.wtf
  link
  fedilink
  English
  arrow-up
  15·
  3 months ago
  I’m clutching my 10k tightly. They won’t be getting my future 2 weeks of groceries!

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

2.74K users / day
7.31K users / week
12.6K users / month
26.2K users / 6 months
1 local subscriber
88.8K subscribers
5.18K Posts
123K Comments
Modlog